4198 Iota HwyEganLA70531
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Egan at 4198 Iota Hwy, Egan, LA, 70531 generates $0/mo in rent, after a $2,393/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.51% in year one, and rental yield is 0% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
7.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70531, Egan, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 545 (100%) |
| Owner Occupied HU | 394 (72.3%) |
| Renter Occupied HU | 100 (18.3%) |
| Vacant Housing Units | 51 ( 9.4%) |
| Median Home Value | $220,270 |
| Average Home Value | $223,464 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
22
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No similar rental properties found nearby.
Nearby investment properties with comparable prices